– CANADA, Montreal – Loop Industries, Inc. (Nasdaq:Loop), a leading technology innovator in sustainable plastic, announced today that its Board of Directors has appointed Sidney Horn to join the Board effective immediately.
“I am delighted that Sidney has accepted our offer to join Loop’s Board,” said Daniel Solomita, Chairman, Founder and CEO of Loop Industries. “Our Company is making rapid and exciting progress in executing our strategic plan as we continue the commercialization of our breakthrough depolymerization technology which we believe will transform the future of global PET plastic manufacturing and the PET plastic market. Sidney’s experience and expertise will be of great value to our Board, management team and shareholders.”
Mr. Horn is a senior counsel in the law firm of Stikeman Elliot LLP. He is one of the most highly respected and experienced commercial, corporate and securities lawyers in Canada and a valued business advisor to senior corporate executives who rely on his experience and advice in many areas including finance, mergers and acquisitions and corporate governance.
About Loop Industries, Inc.
Loop’s mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. We believe Loop has created a revolutionary technology poised to transform the plastics industry. This technology decouples plastic from fossil fuels by depolymerizing waste polyester plastic to its base building blocks (monomers). The monomers are then repolymerized to create virgin-quality polyester plastic that meets FDA requirements for use in food-grade packaging.
For more information : https://www.loopindustries.com
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